As usual, there is more tinkering with Superannuation. A new tax has been proposed in a Government consultation paper released on 3 October 2023. The tax would apply from 1…
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Welcome to our latest newsletter! Another year is flying past with end of year celebrations for many fast approaching!
We are pleased to have Martin and his family return home safely from their overseas holiday after visiting their ancestral home in Slovenia. Liam has also enjoyed a break with his young family on K’gari Island.
They are both refreshed and looking forward catching up with everyone soon.
As always, if you have any questions or feedback, please do not hesitate to contact us.
We ask clients to put away money for retirement, effectively locking up capital for many years. It is a sacrifice and at times we need to remind ourselves if it…
A cornerstone of superannuation law is the term “Sole Purpose Test”. As the name implies, expenditure (and payments) by superannuation funds must be in respect of enabling members to save…
A number of unlisted property funds have begun limiting withdrawals. The rise in interest rates, together with the continuation of the working from home phenomenon, means property valuations are under…
We mentioned in the last newsletter the insidious nature of “bracket creep”. This occurs as wage rises take taxpayers into higher taxation brackets. If these brackets are not adjusted, workers…